Putin speaks live at SPIEF plenary session (Update: Summaries of speeches : Bolivia’s President Luis Arce & Zimbabwean President Emmerson Mnangagwa)

Vladimir Putin’s speech at the SPIEF’s plenary session will mainly be focused on the Russian economy, Kremlin spokesperson Dmitry Peskov said.

In his speech, the president is also expected to share his vision of the current situation in the global economy and politics, and to talk about the long-term strategy of Russia’s development, including the special military operation. President Putin will also answer various questions pertaining to the most acute international issues.

Brief Summary of a very tight one hour presentation

Vladimir Putin provided the data at the plenary session (https://forumspb.com/en/programme/business-programme/131550/) of SPIEF 2024. Here are the key takeaways on international agenda from his speech:

⚡️ Russian trade relations with Asia have increased by 60%, with the Middle East by two times, with Africa by 69%, and with Latin America by 42%.

Shifting trade dynamics
🔹 Russia remains a key player in global trade, actively expanding its geographical reach.
🔹 Russia is restructuring its import and export flows, with friendly nations now accounting for three-quarters of its trade turnover.
🔹 The focus will be on supporting non-resource and non-energy exports.
🔹 Exports of finished high-tech products have increased. Russia is prepared to offer other countries full-fledged, full-cycle technological partnerships.

Transport and Logistics
🔹 The volume of cargo transportation along international routes through Russia is expected to grow by 50%.
🔹 A key project in this area is the development of the Eastern Polygon of railways.

Northern Sea Route and Arctic Development
🔹 Recognizing the demand for global transportation arteries, Russia will continue developing the Northern Sea Route (NSR).
🔹 In 2023, 36 million tons of cargo were transported via the NSR. This figure could exceed 150 million tons in the future.
🔹 A commission dedicated to the development of the Arctic and the NSR will be established within the Russian State Council.

Financial sovereignty and BRICS expansion
🔹 The share of settlements in rubles for Russian exports has tripled to 39%.
🔹 Russia will enhance the security of cross-border payment infrastructure, particularly within the BRICS framework.
🔹 The BRICS’ share of global GDP has reached 36%, while its population share stands at 46%.

Rumble has a live broadcast as well:

https://rumble.com/v5052nw-putin-attends-spief-2024-plenary-session.html

https://rumble.com/embed/v4xstcq/?pub=15kbbz

🇧🇴 Key statements by Bolivia’s President Luis Arce during the SPIEF plenary session: (https://t.me/geopolitics_live/25936)

🌏 The world order is moving towards a more balanced state based on multipolarity.

🌏 We believe that the opportunity to belong to the BRICS is ​​an excellent prospect.

🌏 The BRICS economies have broken the hegemony of the USA and are the hope for cooperation between countries.

🌏 It is not acceptable for one country to become the global central bank and determine the monetary and credit policy in the world.

🌏 The establishment of alliances like BRICS needs to be promoted in the world as soon as possible.

🇿🇼 Latest statements by Zimbabwean President Emmerson Mnangagwa during the SPIEF plenary session (https://t.me/geopolitics_live/25936):

🌏 It is necessary to create centers of economic growth in the world, redistribution of power between states;

🌏 Advancing multipolar world has great potential for Zimbabwe and Africa as a whole;

🌏 Zimbabwe calls for removal of illegal sanctions that stifle economic development.